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GJJ to build hoist and tower crane assembly plant in Dubai
Chinese hoist and tower crane manufacturer GJJ will establish an assembly facility in Dubai for hoists and tower cranes by the middle of next year. The facility will also be used as a regional base for sales and rental activities
Chinese tower crane renters sign agreements with Manitowoc
Manitowoc has signed tower crane supply agreements with 10 Chinese rental companies and dealers at the Bauma China trade show
Chinese access manufacturers target developing regions
Two of China’s largest access equipment manufacturers, Sinoboom and Dingli, are both targeting fast growing markets in developing regions.
First Volvo Rents store opens in China
A Volvo dealer in XinJiang province has established the first Volvo Rents business in China.
Caterpillar in US$ 300 million China expansion
Caterpillar China executives have closed a deal to build a large engine manufacturing facility in Tianjin
Hitachi invests US120million to strengthen China operation
Hitachi will invest JPY 10 billion (US$120million/€90 million) over the next three years to expand its Chinese operation.
Chinese crane sector to enjoy "golden decade"
The next ten years promise a “golden age” for the crane business in China, according to leading Chinese crane manufacturer XCMG.
China crane summit opens in Shanghai with 250 delegates
The second International Crane Summit opened yesterday (22 November) in Shanghai, China, with around 250 delegates from over 90 companies and 25 countries.
Crane competitive pressures grow in China
The Chinese crane industry faces an increasingly competitive future as domestic production capacity grows and more foreign manufacturers enter the market, said Su Zi Meng, secretary general of the China Construction Machinery Association, speaking at the second International Crane Summit in Shanghai, China.
MCC looks for sub-Saharan expansion
South African heavy equipment rental company MCC Plant Hire is aiming to establish a permanent footprint in sub-Saharan Africa and has already opened a depot in Mozambique.
EU construction output fell in September
Statistics from Eurostat show monthly and year-on-year falls, while the European Construction Forum urges EU member states not to slash investment
Malaysian investor acquires Hume Industries
Malaysian investment group Hong Leong positions itself to take advantage of new public projects in the country
Bam reports 9-month loss
Net € 45,5 million loss as a result of property impairment and declining revenues
KBR wins Dallas Airport upgrade contract
The agreement has a base contract period of three years with five option years
Havator acquires BinSell i Uppsala
The Swedish arm of Finland-based Havator Group has acquired BinSell i Uppsala AB, which offers crane rental in the Stockholm area
Mammoet Maritime acquires Barthel Schwimmkrane
Netherlands-based Mammoet Maritime has acquired floating crane operator Barthel Schwimmkrane in Germany
Arc-Gen sets ambitious export-led growth targets
The chief executive of Arc-Gen has told IRN that the company aims to triple its revenues by 2015, with 50% of its business generated outside the UK.
Cramo adds 75 floor grinders to fleet
Cramo has added 75 floor grinders from HTC Sweden to its rental fleet in Sweden. The order comprises 30 single-phase HTC 420 models and 45 three-phase HTC 500 and 650 units.
Husqvarma opens new Swedish factory
Husqvarna Construction Products has announced the official opening of a new factory in Åsbro, Sweden, where its DXR range of demolition robots will be produced
Full-fledged Russian recovery expected in 2011
The Russian construction industry is rebuilding after 2009's slump
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